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Polaroid Had a Unique Competitive Advantage for Many Years Until

question 40

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Polaroid had a unique competitive advantage for many years until it forgot to observe competitive intelligence.The firm went bankrupt when people began taking digital pictures.Polaroid provides a great example of Porter's threat of new entrants.


Definitions:

Self-Esteem

A person's personal assessment of their own significance or importance.

Outcomes

The results or effects of an action, situation, or event, often used to evaluate the effectiveness or impact of an intervention.

William James

An American philosopher and psychologist, often referred to as the "Father of American psychology," known for his contributions to pragmatism and functionalism.

The "Me"

The part of an individual's self-concept that is based on self-reflection and how others perceive them.

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